Inside HomeLane’s Decade-Long Quest To Organise Home Interiors And Build A ₹1,000 Cr Business

Source: inc42

Inside HomeLane’s Decade-Long Quest To Organise Home Interiors And Build A ₹1,000 Cr Business

Business

Bengaluru-based HomeLane reported FY25 revenue growth of 22% to ₹747.8 Cr, with net losses narrowing to ₹111.38 Cr. Following its acquisition of DesignCafe, the company is expanding into comprehensive home improvement solutions to compete with Livspace. By leveraging AI to streamline design processes, HomeLane aims to reach ₹1,000 Cr in revenue and achieve EBITDA profitability by FY27, focusing on operational discipline and sustainable margins.

Read Full Story

Zoox clears final federal hurdle to launch paid robotaxi service

Startups

The National Highway Traffic Safety Administration granted Zoox, an Amazon-owned company, a temporary exemption allowing it to charge customers for rides in its custom robotaxis. These vehicles lack traditional controls like steering wheels and pedals. The exemption covers eight safety standards and limits the commercial fleet to 2,500 vehicles annually for two years. This move is part of a broader NHTSA effort to standardize autonomous vehicle safety.

Read Full Story

Inforcer raises $50M to help prepare smaller businesses for a new world of AI and security risks

Startups

London-based Inforcer just closed a $50 million Series C round led by Insight Partners.

Read Full Story

Dili raises $21.7 million to bring AI compliance to the infrastructure boom

Startups

"AI compliance startup Dili has raised $15 million in Series A funding, bringing its total to $21.7 million. Led by Khosla Ventures, the company uses AI to manage complex construction regulations for US infrastructure projects, including federal and clean energy rules. By converting unstructured data into structured formats, Dili reduces compliance tasks from days to minutes. The software is currently utilized across approximately 700 diverse projects.".

Read Full Story

Sarvam Takes On Claude, Codex With Cheaper, India-Hosted Coding Agent

Business

"AI unicorn Sarvam unveiled Sarvam Code, an AI coding agent for engineering teams, at its Epoch 2026 conference. Utilizing a planner, worker, and verifier architecture, the India-hosted tool aims to be more cost-effective and performant than competitors like Claude and ChatGPT. Sarvam also introduced an inference platform, Blackwell GPU deployments, and updated vision tools, while appointing former Mistral AI member Devendra Singh Chaplot as an advisor.".

Read Full Story

Sebi issues operational framework to accelerate launch of AIF schemes

Startups

"Sebi has introduced the GARUDA operational framework to accelerate the launch of Alternative Investment Funds (AIFs). Regular schemes can now launch ten working days after filing their Placement Memorandum through a merchant banker. Meanwhile, AI-only funds, Large Value Funds, and Angel Funds are exempt from merchant banker requirements and can launch immediately. The regulator also mandated specific naming conventions and strict disclosure responsibilities to ensure transparency and accuracy.".

Read Full Story

How Rubrik Is Rewriting The Rules Of Cyber Resilience

Business

Enterprise cybersecurity is shifting from attack prevention to cyber resilience, focusing on rapid business recovery. Rubrik's Ananth Nag emphasizes that standard backups are insufficient as attackers now target identity systems and backup infrastructure. With AI adoption increasing data sprawl and India's DPDP Act raising stakes, organizations must adopt an "assume-breach" mindset. Prioritizing data visibility and identity recoverability is now essential for maintaining business continuity in multi-cloud environments. (69 words) -.

Read Full Story

Swiggy’s Food Delivery Profit Slips Sequentially As LPG Supply Disruption Hits Margins

Business

Swiggy’s food delivery business saw its profitability moderate sequentially in the first quarter of FY27 as restaurant order cancellations caused.

Read Full Story

How StockGro Is Building An Intelligence Layer For India’s Next 100 Mn Investors

Business

India is experiencing a retail investing boom, but many new investors lose money due to a lack of financial literacy and reliance on social media tips. To address this knowledge gap, Ajay Lakhotia founded StockGro, an advisory platform providing institutional-grade research and tools. By integrating SEBI-registered analysts, an AI engine called Stoxo, and strategy testing, StockGro helps retail investors make informed decisions before executing trades.

Read Full Story

Swiggy’s Instamart Hits Contribution Margin Breakeven In Q1 FY27

Business

"Swiggy's quick commerce arm, Instamart, achieved contribution margin breakeven in Q1 FY27, reaching a positive 0.2% of its ₹7,907 crore gross order value. This milestone, hit in May 2026, was driven by increased per-order monetization, with revenue per order rising to ₹108. Additionally, the business narrowed its adjusted EBITDA loss to ₹778 crore and expanded its network to 1,171 darkstores across 131 cities.".

Read Full Story

RenaissThera is designing oral drugs for obesity and type 2 diabetes

Startups

"RenaissThera, a Bengaluru-based startup founded in 2023, is developing affordable oral medications for obesity and type 2 diabetes. By utilizing AI and machine learning, the company aims to create small-molecule alternatives to expensive injectable peptides, targeting GLP-1 and GIP receptors. Currently in the discovery stage with seven programs, RenaissThera is working toward Investigational New Drug readiness to begin human trials following recent seed funding.".

Read Full Story

Cellarim Labs makes cosmetic ingredients in India without fermentation

Startups

Bengaluru-based Cellarim Labs has launched India's first cell-free biomanufacturing system to produce hyaluronic acid. Using AI-designed enzymes and renewable bio-waste, the company offers NeuHyal, a range of molecular weights for B2B beauty brands. This method claims significant reductions in water and emissions compared to traditional production. Having raised approximately $830,000, Cellarim Labs is now developing a pilot plant and an AI-driven biofoundry for target molecules.

Read Full Story

Lohia Aerospace makes carbon and glass composite parts for aircraft and defence platforms

Startups

Lohia Aerospace Systems, the aerospace arm of the Kanpur-based Lohia Group, specializes in high-quality composite components for global aerospace, defense, and space sectors. By acquiring Israel's Light and Strong Ltd, the company accelerated its technical capabilities and qualification processes. Recently raising $11.14 million in Series A funding from Singularity AMC, the firm aims to expand its export presence and develop more complex aerostructures.

Read Full Story

Astrobase is building a reusable rocket engine and a launch vehicle in Bengaluru

Startups

Bengaluru-based Astrobase Space Technologies aims to enhance India's launch capacity with reusable, mid-sized rockets. Utilizing complex full-flow staged combustion engines powered by methane and liquid oxygen, the company focuses on rapid turnaround and autonomous landing. Supported by IN-SPACe's Technology Adoption Fund and private investment, Astrobase has successfully tested sub-scale hardware. The company targets a maiden orbital launch by 2029, complementing ISRO's existing capabilities.

Read Full Story

Swiggy Trims Q1 Net Loss By 34% YoY To ₹791 Cr, Revenue Up 37%

Business

Swiggy reported a net loss of ₹791 crore for the June 2026 quarter, marking a 34% year-on-year decrease from ₹1,197 crore and a 1.1% sequential decline. The foodtech major saw its operating revenue surge 37% year-on-year and 7% quarter-on-quarter to ₹6,812 crore. Total income reached ₹7,023 crore, while total expenses rose 25% year-on-year to ₹7,813 crore during the quarter under review.

Read Full Story

Sarvam Ropes In Mistral AI Founding Team Member Devendra Chaplot As Advisor

Business

AI unicorn Sarvam has appointed Devendra Singh Chaplot, a former xAI pre-training lead and Mistral AI founding member, as an advisor. Announced at the Epoch 2026 conference, the move supports Sarvam's goal of building a foundational model with over one trillion parameters in India. Additionally, the Bengaluru-based startup opened a San Francisco office to expand its frontier AI capabilities in coding, cybersecurity, simulation, and scientific workloads.

Read Full Story

Bengaluru Restaurants’ Push Back Gives Rapido’s Ownly An Opening Against Swiggy, Zomato

Business

"Bengaluru restaurants are protesting high commissions from Swiggy and Zomato, creating an opportunity for Rapido's zero-commission service, Ownly. By eliminating platform fees for restaurants and leveraging its existing ride-hailing fleet, Ownly aims to disrupt the current duopoly. Having captured 10% of Bengaluru's market, Rapido plans national expansion next quarter, while Flipkart also prepares to enter the competitive food delivery sector to challenge established players.".

Read Full Story

Aham Housing Finance raises Rs 100 Cr from The Sanmar Group

Startups

"Chennai-based Aham Housing Finance has raised Rs 100 crore in a follow-on funding round led by The Sanmar Group. The company plans to use the capital to expand its presence in underserved housing markets and enhance its technology, underwriting, and risk-management capabilities. Aham focuses on providing small-ticket loans to self-employed and first-time homebuyers, aiming to drive financial inclusion through responsible lending and prudent risk management.".

Read Full Story

Sarvam To Build Trillion-Parameter AI Model, Launches India-Hosted Inference Service

Business

AI unicorn Sarvam announced plans to develop a trillion-plus parameter frontier AI model in India to compete in coding, science, and cybersecurity. The Bengaluru-based startup also launched Sarvam Inference, a domestically hosted platform supporting models like Sarvam 105B and Gemma 4 to ensure data residency. Additionally, Sarvam opened a San Francisco office and appointed Devendra Singh Chaplot as an advisor to expand its end-to-end AI stack.

Read Full Story

Arboreal Bioinnovations raises Rs 230 Cr in Series A round co-led by EAAA and Omnivore

Startups

"Arboreal Bioinnovations, a specialty food and nutraceutical ingredients company, has raised Rs 230 crore in a Series A funding round co-led by EAAA and Omnivore, with participation from Rainmatter by Zerodha. The startup plans to use the capital to expand manufacturing capacity, enhance R&D, and accelerate the commercialization of functional ingredients. Serving over 1,100 B2B customers, the company provides custom-engineered proteins and sugar reduction solutions.".

Read Full Story

Categories